By Leo Kabouche, Global risk insights. Between the 20-24 of December 2017, Qatari Emir Sheikh Tamim bin Hamad Al-Thani travelled to Senegal, Mali, Guinea, Burkina Faso, Côte d’Ivoire and Ghana. Since Sheikh Al-Thani became Emir in 2013, Qatar’s African policy has been primarily focused on East Africa, where the emirate has established significant diplomatic relations with...
November 9, 2026
Category: Market Bazaar
Post
Ethiopia Oil Refinery Planned as Blackstone Pipeline Shelved
By Paul Burkhardt and Nizar Manek Ethiopia’s fast-growing economy has Asian investors lining up to build a new $4 billion oil refinery, even as a Blackstone Group LP-backed fuel pipeline project is shelved. The proposed 120,000 barrels-a-day plant has generated interest from Japanese, South Korean and Indian investors, said Zemedeneh Negatu, chairman of U.S.-based Fairfax...
Post
Africa Prefers Fair Trade to Marshall Plans – VP Osinbajo
An Interactive Session Titled “Stabilizing The Mediterranean ” DAVOS, Switzerland, – Remarks by Yemi Osinbajo, The Vice President of The Federal Republic of Nigeria Q: How realistic is Africa replacing China as the factory of the world, how realistic is that? How do you look at the Marshall plan for Africa, is it something you think...
Post
Prime Minister Khaire: Somalia’s Return to Global Stage is Inevitable
Muqdisho, — Somali Prime Minister Hassan Ali Khaire today called for an accelerated debt relief to help Somalia to implement its ambitious reforms, noting that Somalia’s return to the global stage was inevitable. Talking today at a special session “Partnership for Peace: Focus on Somalia”, Khaire said: “Somali government’s commitment and political will to deliver...
Post
Seawater Greenhouse reaps first Somaliland veg crop grown with just sea water
By Madeleine Cuff A ground-breaking project to grow vegetables with seawater has produced its first harvest in Somaliland, green tech start-up Seawater Greenhouse announced today. The UK start-up has reaped a successful crop of lettuces, tomatoes, cucumbers and onions from the ‘greenhouse’ – a shade net covered with cardboard pads. Seawater is trickled over the pads...
Post
ANALYSIS: How Ethiopian has come to the fore in Africa
There is no shortage of lofty long-term growth plans in the airline industry. But as it approaches the halfway stage of its ambitious 15-year strategic vision, Ethiopian Airlines can point to its outpacing of rivals on the African continent. The fortunes of network-carrier rivals EgyptAir, Kenya Airways and South African Airways have in recent years faltered for a variety of reasons,...
Post
Germany invests $32 million towards urban resilience in Somalia
The German Government announced its commitment of EUR 23.4 million to support infrastructure work in Somalia. Channeled through the World Bank’s Multi Partner Fund (MPF) the contribution will strengthen municipal planning and implementation capacity to improve access to basic infrastructure. “Germany joins the MPF at a critical and exciting juncture,” said Marius Rauh, Head of...
Post
Uganda tycoon in Sh20bn Hilton tower land claim
By GALGALLO FAYO Ugandan business tycoon James Mugoya and a member of the UAE royal family have laid claim to prime plots on which the Hilton Upper Hill tower is being built, in a suit that could stall the Sh20 billion project. The two have obtained court orders stopping the ongoing construction on claims that...
Post
South African regulator pursuing criminal complaints against SAP, KPMG, McKinsey
JOHANNESBURG (Reuters) – South Africa’s companies registry office is pursuing criminal complaints against SAP (SAPG.DE), KPMG and McKinsey on suspicion that business they conducted with friends of President Jacob Zuma broke the companies act, it said on Wednesday. The Companies and Intellectual Property Commission (CIPC)submitted the complaints to South African police in November and December...
Post
Kenya will be home to Africa’s tallest skyscraper, ‘The Pinnacle’
With the foundation stone laid by Kenyan President Uhuru Kenyatta, construction has begun on ‘The Pinnacle’ in Nairobi, Kenya, which at a height of 300m will be the tallest skyscraper in Africa, easily exceeding Johannesburg’s 223m Carlton Centre. Well positioned in the capital city’s vibrant financial hub of Upper Hill, only 16km from Jomo Kenyatta...